Meanwhile, the S&P BSE Sensex was down 30.60 points or 0.16% at 18,977.50.
On BSE, 16,000 shares were traded in the counter as against average daily volume of 10.37 lakh shares in the past one quarter.
The stock hit a high of Rs 282.15 and a low of Rs 280.45 so far during the day. The stock had hit a 52-week low of Rs 202.95 on 26 July 2012. The stock had hit a record high of Rs 337.05 on 10 January 2013.
The stock had underperformed the market over the past one month till 19 March 2013, sliding 8.26% compared with the Sensex's 3.2% fall. The scrip had also underperformed the market in past one quarter, declining 8.45% as against Sensex's 2.4% slide.
The large-cap company has equity capital of Rs 638.01 crore. Face value per share is Rs 2.
Tata Motors' British luxury car unit Jaguar Land Rover (JLR) on 12 March 2013 said its sales rose 3% to 26,855 units in February 2013 over February 2012. Sales were up in almost every major market in February 2013, JLR said. But, sales declined 22% in China on year on year basis in February 2013, reflecting the Chinese New Year falling in February this year and January last year, JLR said.
Sales of Jaguar jumped 27% to 4,595 units in February 2013 over February 2012, with increased sales of the XF (up 37%) and the XJ (up 15%), reflecting new smaller engines and all-wheel drive options as well as the XF Sportbrake, JLR said. Sales of Land Rover declined slightly on year on year basis in February 2013, reflecting the Chinese New Year holiday period, JLR said. Sales of Freelander jumped 26% year on year in February 2013 and that of Range Rover jumped 46% year on year in February 2013, JLR said.
Tata Motors' consolidated net profit declined 52.2% to Rs 1627.50 crore on 1.4% growth in net sales to Rs 45821.31 crore in Q3 December 2012 over Q3 December 2011.
Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain and South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 7.5 million Tata vehicles plying in India, Tata Motors is the country's market leader in commercial vehicles in India and among the top in passenger vehicles. It is also the world's fourth largest truck and bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, CIS, and Russia.
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